Numerous factors contribute to the classification of trampolines as attractive nuisances. Even while trampolines are fun and a great workout for both children and adults, they pose a high risk of injury to everyone who uses one. Due to the possibility of trampoline accidents, insurance premiums for homes with trampolines are often higher.
Monthly trampoline insurance costs often vary from $50 to $100. Your home and assets are safeguarded by homeowner’s insurance in the case of damage or destruction caused by a covered risk. If someone is injured while using a trampoline, homeowners’ trampoline insurance policy may cover personal liability and medical expenses.
Before purchasing a trampoline for your backyard, you should assess the risks and review your homeowner’s insurance coverage. Continue reading for more information on trampoline insurance.
Is trampoline insurance available?
Actually, the majority of insurance companies do not cover trampolines owing to their high cost and potential hazards. Alternatively, some firms may insurance your trampoline if you have the proper safety equipment and have taken other safety procedures.
The larger the building, the more difficult it would be to disassemble and store in the event of severe storms. Consequently, it may be prudent for organizations to restrict trampoline sizes to small and medium sizes only. Anchoring trampolines to the ground using anchor kits will prevent them from being blown away by strong winds.
A trampoline must be surrounded by a fence, correct?
Insurance plus trampoline equals -$ Numerous homeowner’s insurance applications may inquire if you have a trampoline. If you haven’t taken the necessary safety steps, they may increase your premiums as a result of the possibility of responsibility. Before purchasing a trampoline, it is prudent to contact your insurance agent to see whether or not your purchase will affect your homeowner’s insurance premiums.
- In many circumstances, according to the specialists I’ve consulted, there will be no damage if specific precautions are performed.
- Your insurance representative will likely advise you: Your trampoline requires a netting enclosure.
- Therefore, if your child or another child tumbles from the trampoline, they will not plummet to the ground.
Your trampoline will also require a lock for the net opening. Not because the insurance business dislikes your children, but they’re quite concerned about the neighboring children and their litigious parents, who may sue you for everything you own if you’ve made it simple for their child to clamber onto your trampoline unattended and break bones.
- Your trampoline must be securely fastened to the ground.
- Imagine the conversation you’ll have with your neighbor if, on a windy day, your trampoline flies across the yard and crashes on his parked car.
- Perform the aforementioned actions, and your insurance agent will likely be pleased.
- The failure to take these steps might lead to problems.
Your insurance may cover you if something goes wrong, but the business will definitely dump you if it does. Alternately, if your insurance agent inspects your roof for hail damage and discovers a hazardous trampoline in your backyard, your premiums might increase or you could lose your coverage altogether. 
Near Cincinnati, Ohio, Geoff Williams has been a journalist for over three decades. During this period, he has contributed to a variety of magazines, including Consumer Reports, Entertainment Weekly, Ladies’ Home Journal, and National Geographic Kids.